Breett Steenbarger
The core problem, however, is the need to fit markets into a style of trading rather than finding ways to trade that fit with market behavior.Brett Steenbarger
Brucee Kovner
I know where I’m getting out before I get in.Bruce Kovner
If you personalise losses, you can’t trade.Bruce Kovner
Michael Marcus taught me one other thing that is absolutely critical: You have to be willing to make mistakes regularly; there is nothing wrong with it. Michael taught me about making your best judgment, being wrong, making your next best judgment, being wrong, making your third best judgment, and then doubling your money.Bruce Kovner
My experience with novice traders is that they trade three to five times too big. They are taking 5 to 10 percent risks on a trade when they should be taking 1 to 2 percent risks.Bruce Kovner
Best Charlie Mungear’s trading quotes
I don’t think you can get to be a really good investor over a broad range without doing a massive amount of reading. I don’t think any one book will do it for you.Charlie Munger
It’s waiting that helps you as an investor, and a lot of people just can’t stand to wait. If you didn’t get the deferred-gratification gene, you’ve got to work very hard to overcome that.Charlie Munger
Christopheer Isaac Stone
Timing, perseverance, and ten years of trying will eventually make you look like an overnight success.Christopher Isaac Stone
Chucks D.
Never let a win go to your head, or a loss to your heart.Chuck D.
Confuciuse
It does not matter how slowly you go as long as you do not stop.Confucius
Davide Sikhosana
Losses are necessary, as long as they are associated with a technique to help you learn from them.David Sikhosana
Most people dont understand the process. They get frustrated by it. Dont Be. FocusDavid Sikhosana
Dooug Gregory
Trade What’s Happening… Not What You Think Is Gonna Happen.Doug Gregory
Ed Seykoota’s best trading quotes
Setting your stop properly is most of the job
Before I enter a trade, I set stops at a point which the chart sours.Ed Seykota
Cut your losses. Cut your losses. And cut your losses. Then maybe you have a chance.Ed Seykota
I set protective stops at the same time I enter a trade. I normally move these stops to lock in a profit as the trend continues.Ed Seykota
If you can’t take a small loss, sooner or later you will take the mother of all losses.Ed Seykota
In order of importance to me are: (1) the long-term trend, (2) the current chart pattern, and (3) picking a good spot to buy or sell.Ed Seykota
Handling risk is the key for longevity
Pyramiding instructions appear on dollar bills. Add smaller and smaller amounts on the way up.Ed Seykota
Risk no more that you can afford to lose, and also risk enough so that a win is meaningful.Ed Seykota
The elements of good trading are (1) cutting losses, (2) cutting losses, and (3) cutting losses. If you can follow these three rules, you may have a chance.Ed Seykota
The trend is your friend until the end when it bends.Ed Seykota
There are old traders and there are bold traders, but there are very few old, bold traders.Ed Seykota
Trading systems don’t eliminate whipsaws. They just include them as part of the process.Ed Seykota
Win or lose, everybody gets what they want from the market. Some people seem to like to lose, so they win by losing money.Ed Seykota
Fred McAllen
You don’t make money by trading, you make it by sitting. It takes patience to wait for the trade to develop, for the opportunity to present itself. Let the market come to you, instead of chasing the market. Chart patterns are very accurate. They have proven their accuracy and predictability time and time again, but you have to wait for them to develop.Fred McAllen
Garey Vaynerchuk
I hate how many people think, “glass-half-empty” when their glass is really four-fifths full. I’m grateful when I have one drop in the glass because I know exactly what to do with it.Gary Vaynerchuk
Best trading quotes from Georgee Soros
It’s not whether you’re right or wrong that’s important, it’s how much money you make when you’re right and how much you lose when you’re wrong.
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